Search Results for Tag : demonetisation
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Government Demonetises Rs. 500 & Rs. 1000 Currency Notes, ATMs Shut for 2 Days, Banks Closed Today(09.11.2016)
Taking Nation by surprise, Prime Minister Narendra Modi has announced demonetisation of Rs. 1000 and Rs. 500 notes with effect from midnight of Nov. 8.....
Tags : Prime Minister, Modi, demonetisation, black money
Bombay HC Rejects Plea to Suo Moto Take Up Issue of Demonetisation of 500 & 1000 Rs. Currency Notes(10.11.2016)
Bombay High Court has turned down plea of two advocates, who had appealed to it to suo moto take up issue of inconvenience citizens are facing after d.....
Tags : Bombay High Court, demonetisation, 500, 1,000, currency notes
Madras HC: 'Demonetisation Good for Country'(10.11.2016)
Madras High Court has dismissed a petition filed against Government move to scrap old notes of denomination of Rs 500 and Rs 1,000 and observed that d.....
Tags : Madras High Court, demonetisation, Rs 500, Rs 1,000
CIC Asks RBI to Provide Info on Number of Rs. 2000 & 500 Notes Printed During Demonetisation(18.12.2018)
Central Information Commission (CIC) has ordered disclosure of information on number of Rs. 500 and Rs. 2000 notes printed daily from November 9, 2016.....
Tags : CIC, Demonetisation
Supreme Court Defers Demonetisation Pleas Hearing to December 09(05.12.2016)
Supreme Court has deferred hearing on pleas against Central Government’s demonetisation decision to December 9.
Tags : Supreme Court, Demonetisation, Central Government
Karnataka HC Rejects Plea Challenging Caps on Withdrawal Limit(07.12.2016)
Karnataka High Court has dismissed a batch of petitions filed by a number of Co-operative Societies wherein they had challenged clause in Demonetisati.....
Tags : Karnataka High Court, Co-operative Societies, withdrawal limit, Demonetisation
Karnataka HC Dismisses Petition against Demonetisation(09.12.2016)
Karnataka High Court while dismissing the petition against demonetization has upheld certain restrictions that accompanied the decision saying they ar.....
Tags : Karnataka High Court, Demonetisation
SC to Centre: Was Demonetisation Policy Confidential(09.12.2016)
Supreme Court while hearing a plea on demonetisation has asked Centre that whether its demonetisation decision was taken in absolute secrecy.
Tags : Supreme Court, Demonetisation
Delhi HC Refuses to Examine Correctness of Demonetisation Policy(28.11.2016)
Delhi High Court has said it would not look into correctness of the Centre's policy on demonetisation, as the issue was already under consideration in.....
Tags : Delhi High Court, demonetisation
Lok Sabha Passes Income Tax Amendment Bill(29.11.2016)
Taxation Laws (Second Amendment) Bill 2016, which proposes 30% tax on undisclosed income plus 10% penalty beside a 33% surcharge and 75% tax and 10% p.....
Tags : Taxation Laws, Taxation Laws (Second Amendment) Bill 2016, demonetisation, Lok Sabha
Supreme Court Directs Centre to List Out Measures Taken to Ease Inconvenience of Rural People(05.12.2016)
Supreme Court has asked Centre to spell out measures taken to ease sufferings and inconvenience of people in rural areas, who are mostly dependent on .....
Tags : Supreme Court, demonetisation, Co-operative banks
Delhi HC Rejects Plea Challenging Cash Withdrawal Limits(05.12.2016)
Delhi HC has said that restrictions on daily withdrawal of cash is a policy decision that is beyond the scope of judicial review and dismissed a PIL a.....
Tags : Delhi HC, demonetisation, withdrawal
Supreme Court to Centre: Adhere to Rs. 24,000 per week Withdrawal Cap Notification(16.12.2016)
Supreme Court has said that Centre should adhere to its notification allowing withdrawal of Rs 24,000 per week from bank accounts after demonetisation.....
Tags : Supreme Court, Demonetisation, Central Government
Supreme Court Questions Centre over Access to Large Piles of New Currency by Few(16.12.2016)
Supreme Court has asked Government how some individuals had access to large piles of new currency when banks refused customers even their weekly quota.....
Tags : Supreme Court, Demonetisation, Central Government
Madras High Court Seeks Centre's Response over Plea Seeking Sufficient Funds in Banks & ATMs(16.12.2016)
Madras High Court has directed Assistant Solicitor General G.R. Swaminathan to take notice on behalf of Principal Secretary to Prime Minister and Unio.....
Tags : Madras High Court, demonetisation, Rs 500, Rs 1,000
Supreme Court Refuses Interim Relief over Demonetization Drive(19.12.2016)
Supreme Court has refused to grant interim relief in a batch of cases challenging Government’s demonetization scheme and referred them to a constituti.....
Tags : Supreme Court, Demonetisation, Central Government
Union Government: Deposits Above Rs 5,000 in Scrapped Currencies Allowed Once Per Account Till Dec 30(19.12.2016)
Central Government has said that deposits totaling more than Rs 5,000 in scrapped Rs 500 and Rs 1,000 notes can be made only once per account until De.....
Tags : Central Government, Demonetisation, deposits, Rs 500, Rs 1,000, December 30
Demonetisation Cases: Central Board of Direct Taxes Extends Taxman's Deadline to December 31(27.09.2019)
Central Board of Direct Taxes has extended the deadline up to December 31 for the Income-Tax department to complete the final assessment of about 87,0.....
Tags : Central Board of Direct Taxes, Demonetisation Cases
RIGHT TO INFORMATION - CIC Pulls Up RBI for Non-Disclosure of Demonetisation Records(19.02.2019)
Central Information Commission has pulled up Reserve Bank of India for "perfunctory handling" of an RTI application seeking records of its board meeti.....
Tags : CIC, RBI, Demonetisation
RBI Relaxes Deposits Norm of More Than Rs 5,000 in Old Denominations For KYC A/Cs(21.12.2016)
Reserve Bank of India has relaxed its notification, specifying that deposits of over 5000 rupees could be made only after furnishing a satisfactory re.....
Tags : Reserve Bank of India, Old Denominations, Deposits, KYC A/Cs, demonetisation
Delhi HC Adjourns Sine Dine Pleas Challenging Demonetisation Notification(22.12.2016)
Delhi High Court has adjourned indefinitely hearing on pleas challenging Government’s demonetisation move after it was informed that Supreme Court has.....
Tags : Delhi HC, Demonetisation, Supreme Court, proceedings
RBI Extends Note Exchange Deadline for NRI’s till June 30(02.01.2017)
Reserve Bank of India has said that Non-resident Indians (NRIs) can exchange old Rs 500 and Rs 1000 notes till June 30, 2017.
Tags : Reserve Bank of India, Rs. 500, Rs. 1000, Demonetisation
President Clears Currency Ban Ordinance(02.01.2017)
President Pranab Mukherjee signed the Specific Bank Notes (Cessation of Liabilities) Ordinance, 2016 that seeks to extinguish RBI’s liability in respe.....
Tags : Demonetisation, Ordinance, President of India, Rs. 500, Rs. 1000
Bombay High Court Relief for Two for Withdrawing Rs 1.2L via Cheques During Demonetisation(13.05.2019)
Bombay High Court has struck down the FIR against two Nashik firm executives booked for withdrawing Rs 1.2 lakh from a bank through cheques two days a.....
Tags : Bombay High Court, Demonetisation
Supreme Court on Demonetisation: Why Old Notes by Citizens Not Accepted Till March 31?(21.03.2017)
Supreme Court has said that Modi Government's decision to close March 31 RBI window to deposit old notes smacked of arbitrariness and sought to know w.....
Tags : Supreme Court , demonetisation, old notes
Reserve Bank of India to Allow Exchange of Rs 4500 in Old Notes in Nepal(27.03.2017)
Reserve Bank of India (RBI) will allow exchange of up to Rs 4,500 in banned Indian currency notes to each Nepali national.
Tags : Reserve Bank of India, Demonetisation
MP High Court Allows Applicant to Deposit Court Fees On Failure to Deposit It Due to Demonetisation(19.04.2017)
Madhya Pradesh High Court has allowed an applicant to deposit a requisite court fees in a criminal complaint case after he prayed due to demonetizatio.....
Tags : Madhya Pradesh High Court, Demonetisation, Court Fees
Demonetisation: SC Suggests Centre to Allow Genuine People To Deposit Old Notes(04.07.2017)
Supreme Court has suggested Centre to accept old notes of Rs 500 and Rs 1000 of genuine persons and take a decision after verifying authenticity of in.....
Tags : Demonetisation, Supreme Court
SC Agrees to Hear Centre's Plea Seeking Stay on Proceedings Before Various HC Against Demonetisation(17.11.2016)
Supreme Court has agreed to hear a fresh plea of Centre seeking stay on proceedings before various High Courts and Other Courts, apart from Apex Court.....
Tags : Supreme Court, High Courts, stay, Demonetisation, Rs 500, Rs 1,000
Bombay HC Seeks RBI’s Response Over Inconsistencies in Demonetization Directives to Co-operative Bank(22.11.2016)
Bombay HC, while observing that prima facie there were some inconsistencies in two circulars issued by Reserve Bank to District Co-Operative Banks on .....
Tags : Bombay HC, Reserve Bank, Co-Operative Banks, demonetisation
Supreme Court Refuses to Stay Transfer of Cases Relating Demonetization of Rs 500 & Rs 1000 Notes(23.11.2016)
Supreme Court has refused to stay transfer of proceedings against demonetisation of Rs500 and Rs1,000 currency notes across various High Courts in the.....
Tags : Supreme Court, demonetisation, Rs500, Rs1,000, currency notes
Allahabad HC Refuses To Entertain Borrower’s Loan Default Due To Demonetisation, GST(26.10.2017)
Allahabad High Court has dismissed a plea challenging recovery proceedings initiated against a borrower firm, which challenged recovery proceedings on.....
Tags : Allahabad High Court, Demonetisation, GST
Bombay High Court Quashes FIR Against Mumbai Woman Who Deposited Fake Notes(09.10.2018)
Bombay High Court has quashed an FIR and trial against a 25-year-old woman who was charged with depositing five counterfeit currency notes in her bank.....
Tags : Bombay High Court, Fake Notes, Demonetisation
Gujarat HC Notices RBI As Accused Wants Seized Money Back In New Currency Notes(19.07.2017)
Gujarat High Court has issued a notice to Reserve Bank of India on a petition filed by an accused in a kidnapping case who wants Rs. 2.5 lakh, seized .....
Tags : Gujarat High Court, demonetisation